New York Community Bancorp(NYCB) is having a Dividend Yield of 4.44% with the Annual cash Dividend per share of $0.68. The last quarter cash dividend per share pay out was $0.17. New York Community Bancorp has a 5 year average dividend yield of 6.25% and the stock has a Indicated annual dividend of $0.68. New York Community Bancorp(NYCB) formally announced its most recent dividend on January 25, 2017 with a Dividend per share of $0.17. The new indicated annual dividend based on announced dividend per share is $0.68. The dividend yield based on the forward looking indicated annual dividend is 4.44%. New York Community Bancorp(NYCB) has the most recent dividend payout ratio of 0.67 with a 5-year average payout ratio of 0.83. The 5 year historical dividend growth of New York Community Bancorp(NYCB) is at the rate of -7.15% while the R-Squared dividend growth is 0.48. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
New York Community Bancorp, Inc. (NYSE:NYCB) witnessed a decline in the market cap on Thursday as its shares dropped 0.07% or 0.01 points. After the session commenced at $15.35, the stock reached the higher end at $15.39 while it hit a low of $15.28. With the volume soaring to 4,097,001 shares, the last trade was called at $15.3. The company has a 52-week high of $17.68. The company has a market cap of $7,452 million and there are 487,056,680 shares in outstanding. The 52-week low of the share price is $13.74. Shares of New York Community Bancorp, Inc. appreciated by 3.31% during the last five trading days but lost 1.68% on a 4-week basis. New York Community Bancorp, Inc. has dropped 0.47% during the last 3-month period . Year-to-Date the stock performance stands at -2.73%.
Currently the company Insiders own 2.97% of New York Community Bancorp, Inc. shares according to the proxy statements. Institutional Investors own 60.52% of New York Community Bancorp, Inc. shares. Company has reported several Insider transactions to the SEC, on Sep 9, 2016, Dominick Ciampa (director) purchased 9,350 shares at 15.43 per share price.On Dec 9, 2015, Lawrence Jr. Rosano (director) purchased 1,500 shares at 16.58 per share price.On May 4, 2015, Lawrence J. Savarese (director) purchased 4,400 shares at 17.07 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.New York Community Bancorp was Reiterated by FBR & Co. on Jan 26, 2017 to Underperform, Lowers Price Target to $ 14 from a previous price target of $15 .New York Community Bancorp was Downgraded by FBR & Co. on Dec 21, 2016 to Underperform, Lowers Price Target to $ 15 from a previous price target of $17 .New York Community Bancorp was Downgraded by Morgan Stanley to Equal-Weight on Dec 21, 2016. New York Community Bancorp was Downgraded by Raymond James to Mkt Perform on Dec 21, 2016. New York Community Bancorp was Downgraded by BofA/Merrill to Neutral on Dec 20, 2016.
New York Community Bancorp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.25.Analysts expectations of $ 359.73.During the same quarter in the previous year, the company posted $0.31 EPS.
New York Community Bancorp, Inc. is a leading producer of multi-family loans in New York City, with an emphasis on apartment buildings that feature below-market rents. The Company has two bank subsidiaries: New York Community Bank, with 178 branches serving customers throughout Metro New York and New Jersey; and New York Commercial Bank, with 36 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York. Reflecting its growth through a series of acquisitions, the Community Bank operates through five local divisions: Queens County Savings Bank in Queens, Roslyn Savings Bank on Long Island, Richmond County Savings Bank on Staten Island, Roosevelt Savings Bank in Brooklyn, and Garden State Community Bank in New Jersey. Similarly, the Commercial Bank operates 17 of its branches under the name Atlantic Bank.